THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 8, 2025 Amid a global steel demand downturn, India’s steel sector is set to shine with an anticipated 9% growth in 2025, according to a recent report by CRISIL. This remarkable growth is attributed to an uptrend in steel-intensive construction within the housing and infrastructure sectors, alongside robust demand from engineering, packaging, and other industries. ...

Mumbai, October 14, 2024 (TBB Bureau): According to a recent analysis by CRISIL Ratings, India’s cement demand is projected to grow at a moderate pace of 7-8% year-on-year, reaching approximately 475 million tonnes (MT) this fiscal year. This follows a robust compound annual growth rate (CAGR) of 11% from fiscal years 2022 to 2024. Despite the slowdown, the operating profitability ...

TBB BUREAU MUMBAI, MAY 4, 2023 India’s securitisation market grew 33% on-year in fiscal 2023, with issuances totalling Rs 1.8 lakh crore, marking a whopping 50% growth over fiscal 2022, says a CRISIL Report. The originator base expanded by 20%, and newer asset classes such as personal loans, and small and medium enterprises loans gained momentum. More heartening has been ...

TBB BUREAU MUMBAI, JAN 10.2023 Global steel prices are set to stabilise in calendar 2023 on-year, after falling over 40% to $570-590 per tonne in December 2022 from the early-April peaks of $1,000 per tonne on tepid steel demand, a CRISIL report said on Tuesday. Following the global trend, domestic steel prices are expected to soften only a minimal 2-4% ...

TBB BUREAU MUMBAI, MAY 9, 2022 Domestic steel prices are showing signs of fatigue after a relentless rally over the past two years following supply disruptions, decarbonization measures globally, especially in China and geopolitical risks stemming from the RussiaUkraine war, which has driven up raw material costs. While prices have defied correction predictions because of continuing uncertainties, some moderation is ...